the Front Row - April 2023 (Teaser)

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INSURANCE HIGHLIGHT Accidents by the Numbers – & a few tips What May Lie Ahead for Wholesale Automotive Customer Journey for Car Dealerships FTC Safeguards Rule for Auto Dealers: Save Yourself Five Figures in Fees & Get Compliant Now PLUS Digital Merchandising Tools for Car Dealerships THE FRONT ROW APRIL 2023 • WSIADA.COM THE MAGAZINE FOR WASHINGTON INDEPENDENT AUTO DEALERS SINCE 1988 SAVEEducation2023Fairs THE EAST-SpokaneDATES! Jul18WEST-SeattleSep21 SEE PAGE 15
magauctions.com RACE TO M c CONKEY AUCTION GROUP! All information subject to change without notice. Find Fresh inventory on EBlock every Wednesday at 1:00 PM (PT) Don’t miss cars, trucks, lunch in the lanes, and your chance to Win one of three NASCAR Racing Driving Experiences! DAA Seattle April 7th DAA Las Vegas April 12th DAA Northwest April 13th

THE FRONT ROW

The official magazine of the WASHINGTON STATE INDEPENDENT AUTO DEALERS ASSOCIATION WSIADA.COM

707 Auburn Way South | Auburn, WA 98002 T: 253-735-0267 | F: 253-804-0844 staff@wsiada.com | WSIADA.COM

EXECUTIVE BOARD

Wasim Azzam, Board President All Right Auto Sales | President@wsiada.com

Badie Darwazeh, Board Vice-President Seattle Auto Haus | VPresident@wsiada.com

J.T. Curry, Board Secretary Motors Northwest | Secretary@wsiada.com

Emil Scarsella, Board Treasurer

Town & Country Auto Sales | Treasurer@wsiada.com

CHAPTER PRESIDENTS

Vacant Position – North Cascade NoCascade@wsiada.com

Victor Perez – North Sound

Route527 Motorsports | NoSound@wsiada.com

David Magarrell – South Sound Auto Sales Consultants, LLC | SoSound@wsiada.com

Rachel Frankel - Vancouver

Top Auto Brokers | Vancouver@wsiada.com

Vacant Position – Yakima Yakima@wsiada.com

Vacant Position – Tri-Cities Tri-Cities@wsiada.com

Vacant Position – Spokane Spokane@wsiada.com

AT-LARGE BOARD

Randy Fletcher, Board President (Emeritus)

In-N-Out Auto Sales

AJ Hamedian, Board President (Emeritus) Inline Motors

Ken Williamson, Board President (Emeritus)

John’s Auto Mart, LLC

WSIADA STAFF

Rick Olson, Director of Operations

Mila Froman, Membership Manager Mary Walton, Accountant

PRODUCTION EDITOR

Professional Mojo

Copyright 2023 | WSIADA

2 DIRECTOR OF OPERATIONS MESSAGE: WSIADA AT THE CAPITOL

A brief legislative update.

2 DEPRECIATION OF USED VEHICLES CONTINUES TO SLOW

10 WHAT MAY LIE AHEAD FOR WHOLESALE AUTOMOTIVE

As our industry continues to evolve, solutions like these create opportunities to give buyers what they need, when they need it, to be successful in their businesses.

11 ACCIDENTS BY THE NUMBERS –& A FEW TIPS BY TODD SHEPARD

Consider taking a proactive accident prevention stance by setting guidelines and expectations for your employees and customers.

12 FTC SAFEGUARDS RULE FOR AUTO DEALERS: SAVE YOURSELF FIVE FIGURES IN FEES & GET COMPLIANT NOW

6 CUSTOMER JOURNEY FOR CAR DEALERSHIPS

It is important for car dealerships to focus on creating an effective customer journey in order to promote customer satisfaction and ultimately increase sales. Learn how dealers can benefit from an optimized customer journey.

9 NIADA APPLAUDS FILING OF REPAIR ACT IN HOUSE

The legislation would ensure consumers have access to data relating to their motor vehicles, critical repair information, tools, and provide them choices for the maintenance, service and repair of their motor vehicles.

When it comes to regulatory agencies overseeing your dealership, the FTC is NOT one to be taken lightly!

17 5 PREDICTED AUTOMOTIVE TRENDS TO FOLLOW IN 2023

Convenience, high-quality customer service, and brand trust are becoming just as important to consumers as affordability; and will need to be focused on in dealership marketing.

18 SERVICE PROVIDER DIRECTORY

20 READ & RESPOND QUIZ

THE FRONT ROW | WSIADA.COM APRIL 2023 | 1
5 EDUCATION FAIRS 2023: GET THE SCOOP ON EARLY BIRD REGISTRATIONS!
CONTENTS APRIL 2023 8 AUCTION LISTING | 18 SERVICE PROVIDER DIRECTORY

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